Eastman Chemical Company $EMN Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its position in shares of Eastman Chemical Company (NYSE:EMN) by 13.8% during the 1st quarter, HoldingsChannel reports. The fund owned 333,012 shares of the basic materials company’s stock after purchasing an additional 40,444 shares during the period. Quantinno Capital Management LP’s holdings in Eastman Chemical were worth $25,416,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Horizon Investments LLC boosted its position in Eastman Chemical by 3,022.6% during the fourth quarter. Horizon Investments LLC now owns 100,078 shares of the basic materials company’s stock worth $6,388,000 after purchasing an additional 96,873 shares in the last quarter. DDD Partners LLC acquired a new position in shares of Eastman Chemical during the 4th quarter worth approximately $15,425,000. Deprince Race & Zollo Inc. raised its stake in shares of Eastman Chemical by 21.7% during the 4th quarter. Deprince Race & Zollo Inc. now owns 559,128 shares of the basic materials company’s stock worth $35,689,000 after buying an additional 99,883 shares during the period. Yousif Capital Management LLC lifted its position in shares of Eastman Chemical by 81.8% during the 4th quarter. Yousif Capital Management LLC now owns 23,169 shares of the basic materials company’s stock valued at $1,534,000 after buying an additional 10,428 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in shares of Eastman Chemical by 84.2% during the 4th quarter. State of Alaska Department of Revenue now owns 100,129 shares of the basic materials company’s stock valued at $6,390,000 after buying an additional 45,774 shares in the last quarter. 83.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EMN. Wall Street Zen raised shares of Eastman Chemical from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup decreased their price objective on shares of Eastman Chemical from $88.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Mizuho set a $85.00 target price on shares of Eastman Chemical in a research report on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on shares of Eastman Chemical from $80.00 to $82.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada upped their price target on shares of Eastman Chemical from $79.00 to $82.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 5th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $80.50.

Key Eastman Chemical News

Here are the key news stories impacting Eastman Chemical this week:

• Positive Sentiment: Eastman reported adjusted earnings of $1.97 per share, above the $1.82 consensus estimate, while revenue reached $2.51 billion versus expectations of $2.40 billion. Earnings increased from $1.60 per share in the year-ago quarter. Eastman Chemical Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Higher sales volumes and mix contributed roughly 5% growth, while pricing added about 4%. Reported EBIT rose to $311 million from $222 million, demonstrating meaningful operating leverage. EMN Q2 Earnings Beat on Volume Growth and Higher Pricing
• Positive Sentiment: Management set third-quarter 2026 EPS guidance at approximately $1.97, above the $1.92 consensus estimate, and expects full-year operating cash flow to approach $900 million. Eastman Chemical Earnings Report
• Neutral Sentiment: Performance was uneven by segment: Chemical Intermediates sales surged 39%, while Advanced Materials and Additives & Functional Products each rose 5%; Fibers sales declined 11%. Eastman Chemical Q2 Earnings Snapshot
• Negative Sentiment: Operating cash flow was $224 million, slightly below the prior-year figure of $233 million, and the company remains exposed to geopolitical, raw-material and demand volatility. Commentary suggesting benefits from the Iran conflict may reflect temporary pricing or supply effects rather than durable growth. Eastman Chemical Benefits From Iran Conflict

Eastman Chemical Stock Performance

Shares of NYSE:EMN opened at $70.04 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.47 and a quick ratio of 0.71. Eastman Chemical Company has a 1 year low of $56.11 and a 1 year high of $83.47. The firm has a market capitalization of $8.01 billion, a PE ratio of 18.24, a P/E/G ratio of 0.90 and a beta of 1.07. The business’s 50 day moving average price is $70.72 and its 200-day moving average price is $72.15.

Eastman Chemical (NYSE:EMN) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.82 by $0.15. The firm had revenue of $2.51 billion during the quarter, compared to the consensus estimate of $2.40 billion. Eastman Chemical had a return on equity of 9.53% and a net margin of 4.99%.The firm’s revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.60 EPS. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. As a group, equities research analysts expect that Eastman Chemical Company will post 6.3 earnings per share for the current fiscal year.

Eastman Chemical Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Monday, June 15th were given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Monday, June 15th. Eastman Chemical’s dividend payout ratio is 97.39%.

Eastman Chemical Profile

Eastman Chemical Company (NYSE: EMN) is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries.

The company’s main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets.